Best 30-Day USD GIC Rates

Rates subject to change, updated: February 22, 2019 9:23 AM

If you travel often, or own property south of the border, you might be interested in saving and investing some of your money in U.S. dollars. We compare what all the banks and lenders offer here, to bring you the best U.S. currency GIC rates in Canada. Read on to find out why you might want to add a U.S. currency GIC to your portfolio.

Did you know that rates differ significantly between financial institutions, and within the various channels / methods where you purchase? Browse our Education Centre to learn about the GICs that best suit your saving needs.

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About Scotiabank

Scotiabank is one of Canada’s five major banks. It provides a series of personal banking services, along with business banking options for both small- and mid-sized companies. Furthermore, Scotiabank offers a variety of deposit products with competitive rates.

Scotiabank's GIC rates

Scotiabank’s guaranteed investment certificate (GIC) products feature a number of different options. Among these options are non-redeemable GICs, cashable GICs, market-linked GICs, and other speciality GICs. When comparing the rates on Scotiabank’s non-registered and registered GICs with those from other providers, you’ll find that Scotiabank’s rates are relatively competitive and comparable to a few other major banks in Canada. When choosing a non-redeemable GIC, you can select term dates from 30 days to 10 years. If you purchase a GIC in a registered retirement savings plan (RRSP) or a registered retirement income funds, the term dates range from 90 days to five years. If you invest in a cashable GIC with Scotiabank, you’ll be able to redeem any portion of the investment after 30 days without incurring any penalties when making a withdrawal.

Compare other Scotiabank products

When banking with Scotiabank, you’ll also find that in addition to investment products, you can open chequing and savings accounts. Moreover, Scotiabank also offers credit cards, such as the Scotiabank Gold American Express Card and the Scene Visa card. If you’re searching for a mortgage, Scotiabank offers a variety of mortgage product options.

Get the best GIC rates

Scotiabank offers GICs with rates that are comparable with the other major banks in Canada. However, there are a number of other GIC providers in the nation that offer very competitive rates. That being said, you can find a number of these providers through our GIC comparison tool,
which outlines different GIC products with varying rates and features side by side.